Recap: Autodesk Q3 Earnings

Shares of Autodesk ADSK moved lower by 0.15% after the company reported Q3 results.

Quarterly Results

Earnings per share were up 33.33% year over year to $1.04, which beat the estimate of $0.96.

Revenue of $952,400,000 rose by 13.02% year over year, which beat the estimate of $942,240,000.

Looking Ahead

Autodesk Sees Q4 Adj. EPS $1.04-$1.10 vs $1.06 Estimate

Autodesk Sees FY21 Adj. EPS $3.91-$3.97 vs $3.83 Est., Sales $3.75B-$3.765B vs $3.75B Est., Billings Down 1%-3%

How To Listen To The Conference Call

Date: Nov 24, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/wcs88pgw

Price Action

Company's 52-week high was at $276.68

52-week low: $125.38

Price action over last quarter: Up 4.27%

Company Overview

Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.